Sign up for our free February 19th Presidents' Day Webinar. Visit our webpage for the details:https://www.eurodollar.universityChina's yuan has been constantly put forward as a contender to 'dethrone' the dollar. Whatever sliver of a tiny chance it may have had before, it's zero now. The greater challenge is how to replace the existing reserve regime which does need an update. But that means eurodollar NOT dollar. This is not a trivial distinction; it is, in fact, everything. Eurodollar University's Money & Macro AnalysisFRBNY Monthly Review November 1960https://fraser.stlouisfed.org/files/docs/publications/frbnyreview/rev_frbny_196011.pdf?utm_source=direct_downloadBIS Quarterly Review June 2012https://www.bis.org/publ/qtrpdf/r_qt1206f.pdfBloomberg A 99% Bond Wipeout Hands Hedge Funds a Harsh Lesson on Chinahttps://www.bloomberg.com/news/articles/2024-02-08/a-99-bond-wipeout-hands-hedge-funds-a-harsh-lesson-on-chinaTwitter: https://twitter.com/JeffSnider_EDU